July 27, 2016 - 9:57 AM EDT
Print Email Article Font Down Font Up Charts

Turkish Refiner Tupras Using Honeywell UOP Unicracking™ Technology To Boost Diesel Production

Technology helping to meet growing domestic demand for transportation fuel Refiner also leveraging Honeywell Process Solutions control technology

DES PLAINES, Ill., July 27, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) UOP announced that Turkey's largest oil refiner is using Honeywell technology to boost diesel fuel production at its facility in Izmit, Turkey.

Tüpraş, the country's largest industrial company, is using Honeywell UOP's Unicracking enhanced two-stage processing unit to produce 75,000 barrels per day (BPSD) of middle distillate products, including Jet A-1 aviation fuel and Euro V diesel fuel. The technology, which can increase diesel production by up to 7 percent, will help Tüpraş meet domestic demand for the transportation fuel.

"Honeywell has provided refining technology and process automation to Tüpraş refineries for several decades, helping to build Turkey's domestic oil industry," said Orhan Genis, president of Honeywell in Turkey and Central Asia. "This project is another significant milestone in this strategic relationship between our companies."

The Izmit facility is the largest refinery in Turkey, producing 40 percent of Turkey's domestic supply of petroleum products. In addition to Honeywell UOP's technology, the facility also employs automation and control technology from Honeywell Process Solutions (HPS). HPS is upgrading controls at two other Tüpraş refineries as part of a five-year service, maintenance and support contract aimed at improving operations and reducing maintenance costs.

"Turkey currently imports diesel, and diesel consumption is growing by 2½ percent per year," said Mike Millard, vice president and general manager, Process Technology and Equipment at Honeywell UOP. "This technology is proven to enable refiners such as Tüpraş to improve fuel production while reducing energy and hydrogen consumption and other costs compared with competing technologies."

Since Honeywell UOP's Unicracking process was introduced in 1964, the technology has advanced thanks to the development of more effective catalysts, unit design and reactor internals. It is available in multiple flow schemes, including single- and two-stage processes, and is designed to produce higher yields of transportation fuels that adhere to tighter regulations using a wider range of feedstocks. Honeywell UOP has licensed more than 200 Unicracking units in more than 40 countries. Including the Tüpraş unit at Izmit, Honeywell UOP has licensed 14 enhanced two-stage Unicracking process units. Since the start-up of the Tüpraş unit, Honeywell UOP has started up additional enhanced two-stage units in China and in South America.

The Unicracking unit is integrated with other Honeywell UOP process technologies, including coker naphtha and distillate Unionfining™ units. The system, whose feedstocks include straight run diesel, coker gas oil and vacuum gas oils, uses a common fractionation section to reduce capital costs and improve Tüpraş' return on investment.

Tüpraş operates four oil refineries with a total of 28.1 million tons annual crude oil processing capacity. The company has additional synergies from its 80 percent stake in shipping company DİTAŞ and 40 percent share of the petrol retailer Opet.

Honeywell UOP (www.uop.com) is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. Honeywell UOP is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions (www.honeywellprocess.com), a pioneer in automation control, instrumentation and services for the oil and gas, refining, petrochemical, chemical and other industries.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/turkish-refiner-tupras-using-honeywell-uop-unicracking-technology-to-boost-diesel-production-300304223.html

SOURCE Honeywell


Source: PR Newswire (July 27, 2016 - 9:57 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice